Georgia Tech president says he plans to retire this summer

ATLANTA (AP) - The president of the Georgia Institute of Technology says he plans to retire this summer after a decade of leading the Atlanta university.

The University System of Georgia said in a statement Monday that it will organize a national search for G.P. "Bud" Peterson's replacement. He's served as Georgia Tech's president since 2009.

University System Chancellor Steve Wrigley said Peterson's contributions to Georgia Tech are "unmatched," and that Georgia Tech has flourished under his leadership.

Wrigley said Peterson's emphasis on research led to an increase in total award funds, from $445 million to $851 million.

Wrigley said Peterson also boosted student enrollment, including the number of women enrolled in first-year classes.

You can read the full announcement on Georgia Tech's website.

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